Suburb Profile Report for Wynnum West QLD (4178)

Wynnum West House: Median price $545,000, Annual capital growth 2.02%, Number of sales 175, Weekly median advertised rent $480

Wynnum West Unit: Median price $349,500, Annual capital growth 1.78%, Number of sales 36, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Wynnum West, 4178 ranked 510th in QLD when comparing growth in median property values or capital gain over the last 12 months. Wynnum West is one of 2415 in our list for QLD

Comparing Wynnum West,4178 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 616th of QLD’s most discounted properties, Wynnum West is in the TOP 20% of the state/territory when listing in order of most discounted to least.

At number 860 in a list of fastest selling suburbs, Wynnum West is in the TOP 30% of suburbs in Australia with an average of days on market 60.1958 for properties listed there.

Giving property investors a an average capital gain of 1.30% for the last year, Wynnum West, 4178 is the 666th highest performer in Australia in this respect.

A 2.79% growth in median value for property investors in Wynnum West,4178 puts this suburb at number 73th in terms of best performing suburbs in QLD

Property buyers and investors in Wynnum West 4178 should be seeing an average reduction in asking price of around -2.31% . This means that Wynnum West is holding prices well when compared to other suburbs in QLD.

Advertised rents are around the $395 mark per week – giving a return of 5.88% based on the median price in Suburb

Metrics i HOUSE UNIT
$545,000 $349,500
0.93% 2.79%
-0.89% 1.30%
2.02% 1.78%
$480 $395
175 36
4.58% 5.88%
60.1958041958042 73.0714285714286

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 11745
Median household income ($/weekly) 1267
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1519 12.9
    25-34 years 1529 13.0
    35-44 years 1784 15.2
    45-54 years 1468 12.5
    55-64 years 1296 11.0
    Others 4149 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 3894 45.9
    Not Married 3603 42.5
    Defacto Relationship 980 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 8461 75.4
    Papua New Guinea 867 7.7
    Philippines 191 1.7
    United Kingdom 651 5.8
    Other 329 2.9
    Others 722 6.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 149 1.4
    Christianity 7706 72.0
    Hinduism 127 1.2
    Other Religious Groups 59 0.6
    No Religion 2621 24.5
    Others 48 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 393 10.1
    $600-$799 342 8.8
    $1,000-$1,249 361 9.3
    $1,500-$1,999 540 13.9
    $2,000-$2,499 432 11.1
    Others 1812 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3597 40.2
    Not in the labour force 3192 35.7
    Employed, worked part-time 1488 16.6
    Employed, away from work 346 3.9
    Unemployed, looking for work 323 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 869 16.0
    Technicians & trades workers 781 14.4
    Community & personal service workers 564 10.4
    Clerical & administrative workers 971 17.9
    Labourers 629 11.6
    Others 1613 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 151 6.2
    Infants/Primary 989 40.9
    Secondary 664 27.5
    Technical or Further Educational Institution 228 9.4
    University or other Tertiary Institutions 317 13.1
    Others 69 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9418 86.0
    Semi-detached, row or terrace house, townhouse 1163 10.6
    Flat, unit or apartment 372 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1483 35.4
    Being purchased 1468 35.0
    Fully owned 1220 29.1
    Other tenure type 23 0.5
    Tenure Type
Census 2011, ABS
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